Navigating U.C.C. Issues in Real Estate Finance Opinions
Necessary Background for Rendering and Receiving Opinion Letters for Transactions Beyond Real Property
While some real estate financings involve only real property, many transactions involve U.C.C. collateral such as fixtures, as-extracted collateral, uncut timber, deposit accounts, investment property, and ordinary personal property used to run the business. Real estate counsel must have a thorough understanding of the U.C.C. when a financing transaction includes these types of collateral.
On Wednesday, March 24, Marshall Grodner (Baton Rouge) will participate in a live CLE video webinar providing real estate practitioners with guidance on giving and reviewing opinion letters relating to U.C.C. matters.
The webinar will be based on the U.C.C. Opinion Report released in 2019 by the American Bar Association (ABA), the American College of Mortgage Attorneys (ACMA), and the American College of Real Estate Lawyers (ACREL), with the approval of the American College of Commercial Finance Lawyers (ACCFL). In connection with that, the panel will examine various issues associated with creating and perfecting a security interest in personal property collateral, fixtures, and non-fixture real estate collateral under the U.C.C.